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RNS Number : 2921E ATOME Energy PLC 29 June 2023
29 June 2023
ATOME ENERGY PLC
("ATOME", "the Company", or "the Group")
Posting of Annual Report and Notice of Annual General Meeting
ATOME (AIM: ATOM), the only international green hydrogen, ammonia, and
fertiliser project development company on the London Stock Exchange, with
current large-scale projects in Latin America and Europe, as well as hydrogen
mobility projects, announces that the Company's 2022 Annual Report &
Accounts are being distributed to shareholders today together with a Notice of
Annual General Meeting ("AGM") to be held on Tuesday 25 July 2023 at 11:00
a.m. BST at Carrwood Park, Selby Road, Leeds, LS15 4LG.
Copies of the accounts and notice of AGM are available from the Company's
website, https://www.atomeplc.com and from the Company's registered office
Carrwood Park, Selby Road, Leeds, LS15 4LG.
For more information, please visit https://www.atomeplc.com or contact:
ATOME Energy PLC +44 (0) 113 337 2210
Nikita Levine, Investor Relations
info@atomeplc.com
Beaumont Cornish (Nominated Adviser) +44 (0) 20 7628 3396
Roland Cornish, Michael Cornish
Liberum (Joint Broker) +44 (0) 20 3100 2000
Scott Mathieson, Kane Collings
SP Angel (Joint Broker) +44 (0) 20 3490 0470
Richard Hail, Harry Davies-Ball
finnCap (Joint Broker) +44 (0) 20 7220 0500
Christopher Raggett, George Dollemore
Tavistock (Financial PR and IR) +44 (0) 20 7920 3150
Simon Hudson, Rebecca Hislaire, Charles Baister atome@tavistock.co.uk
The information communicated within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018. Upon publication of this announcement, this inside information is
now considered to be in the public domain. The person who arranged for the
release of this announcement on behalf of the Company was Peter Levine,
Chairman.
Notes to Editors
About ATOME
ATOME Energy PLC is an AIM listed company targeting green hydrogen, ammonia,
and fertiliser production with over 500-megawatt of projects in Paraguay,
Iceland, and Central America.
Since its admission to AIM in December 2021 ATOME has signed its first
electrolyser purchase order for its hydrogen transport Mobility Division due
to start generating revenue in 2023 and signed a 120MW power purchase
agreement with ANDE, the state energy company in Paraguay for production of
green ammonia to produce industrial scale premium value green fertiliser in
2025. It has procured 30 hectares of land in Villeta, Paraguay for that
facility, mandated Natixis Corporate Investment Bank and the multilateral IDB
Invest to lead the project funding and the FEED study is currently underway
with the international companies Urbas and Casale.
In December 2022, ATOME entered into a joint venture with Cavendish, the
renewable energy arm of the substantial and well-established Purdy Group based
in Costa Rica and formed The National Ammonia Corporation S.A, which is owned
equally by ATOME and Cavendish.
ATOME is in the process of operational planning, sourcing and negotiations
with green electricity suppliers, equipment providers and offtake partners,
including signed memoranda of understanding and cooperation agreements in
place with key parties, to use electricity generated from existing geothermal
sources in Iceland and hydroelectric power in Paraguay and Costa Rica. All
chosen sites are located close to the power and water sources and export
facilities to serve significant domestic and then international demand.
The Company has a green-focused Board which is supported by major shareholders
including Peter Levine, Trafigura, one of the world's leading commodity and
logistics company, and Schroders, a leading fund manager, and from May 2023,
Baker Hughes, a global energy technology company operating in the energy and
industry sectors.
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